Advertisement

Headlines

Sources: Prokhorov Interested in Selling Nets Majority Stake

Brooklyn Nets owner Mikhail Prokhorov, while focused on selling a minority stake in the franchise, has warmed recently to the possibility of offering a controlling slice of the team, sources close to the situation said.

The change of heart comes after the initial reaction to the minority stake sale was weak — and with interest in the Houston Rockets sale heating up, one source said.

The Nets believe some of the suitors who look at the Rockets will also take an interest in them, sources said.

“As word gets out about the new Nets process, some of the Rockets interest may spill over,” a source said.

One source of investment cash, from wealthy Chinese investors, is of particular interest to both the Rockets and the Nets.